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Expected utility theory (EUT) is currently the standard framework which formally defines rational decision-making under …
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This paper proposes a model of attention allocation in decision-making. Attention has various definitions across the …
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remedy for these shortcomings by developing a dynamical model of procedurally rational decision making. The basic idea of the … model is a feedback loop between experienced utility, decision utility, and activities. In applications of the model, I show …
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